Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.016%
Price spread now: Popdex against Aster+0.031%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$220.217% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.038%+$4 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.031%, 7d avg +0.004%
Together, before fees+0.040%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Popdex is 0.027% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SNDKUSD11,785.70get 0.0000% / 8h6h 39m$21.7M$39.9M20x
ShortPopdex SNDKUSDT1,786.20.0048get 0.0006% / 1h39m 57s$246K$645K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.08
Price spread: +0.031% → +0.004%
$2.65
Slippage, 4 orders
−$7.25
Fee Aster: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$8.92
Costs to cover
0.217%
Break-even
13.2 days
Slippage from Aster: live order book, 4 min ago; Popdex: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago1.68 bp6.5 bp −$79.9 bp −$99doesn't fitdoesn't fit
Sell Popdex live order book, 29 min ago0.56 bp3.8 bp −$410.3 bp −$103doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SNDK-USDT−0.0120%8h1,788+0.132%$4.1M$4.5M75xas long as short
Entropy io:SNDK−0.0096%1h1,787.3+0.092%$4.9M$20.5M10xas long as short
Phoenix SNDK−0.0045%1h1,787.9+0.126%$278K$193K15xas long as short
Deribit SNDK_USDC-PERPETUAL−0.0030%1h1,784.9−0.040%$51K$328K10xas long as short
QFEX SNDK-USD−0.0024%1h1,786.3+0.036%$1.8M$17.3M10xas long as short
Aster SNDKUSD1long0.0000%8h1,785.7long leg$21.7M$39.9M20x
Binance SNDKUSDT0.0000%8h1,783.7−0.111%$286.0M$1.82B75xas long as short
Bybit SNDKUSDT0.0000%8h1,784.2−0.080%$32.0M$100.0M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,783.9−0.098%$85.8M$829.6M75xas long as short
Gate SNDK_USDT0.0000%8h1,783.8−0.106%$180.5M$231.2M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SNDKUSDT0.0000%8h1,784.1−0.088%$47.1M$164.5M75xas long as short
Variational Omni SNDK0.0000%8h1,786.9+0.071%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,788.1+0.135%$22K$1.1M10xas long as short
Bullet SNDK-USD0.0000%1h1,785.2−0.025%$15K$291K10xas long as short
SunX SNDK-USDT0.0000%8h1,784.2−0.080%$856$3.7M20xas long as short
HTX SNDK-USDT0.0000%8h1,784.9−0.045%$1.5M$10.4M50xas long as short
Phemex SNDKUSDT0.0000%8h1,784.3−0.078%$2.8M$1.1M50xas long as short
Nado SNDK-PERP+0.0004%1h1,787.3+0.094%$360K$1.4M10xas long as short
Aftermath Perps SNDKUSD+0.0005%1h1,787.9+0.127%$671$37K5xas long as short
tradeXYZ xyz:SNDK+0.0010%1h1,784.3−0.076%$114.2M$146.9M10xas long as short
Lighter SNDK+0.0032%1h1,785.4−0.013%$1.7M$16.1M20xas long as short
Lighter RH SNDK+0.0032%1h1,785.5−0.009%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,784.3−0.075%$470K$1.7M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+0.801%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,786.6+0.053%$312K$1.6M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,786.1+0.027%$584K10xas long as short
Popdex SNDKUSDTshort+0.0048%1h1,786.2+0.031%$246K$645K20x
Paradex SNDK-USD-PERP+0.0049%8h1,786.8+0.065%5xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,786.4+0.042%$187K$135K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,784.5−0.067%$729K$515K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,787.3+0.092%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,784.6−0.061%$1K10xas long as short
Coinbase International SNDK-PERP-INTX+0.0088%1h1,785.9+0.015%$437K$2.3M10xas long as short
Pacifica SNDK+0.0100%1h1,786.6+0.055%$199K$292K10xas long as short
KuCoin SNDKUSDTM+0.0100%8h1,785.2−0.028%$6.1M$21.5M20xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,787.9+0.126%$69K$269K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,784.4−0.069%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0132%1h1,785.6−0.005%$130K$364K20xas long as short
RISEx SNDK/USDC+0.0257%1h1,787.4+0.098%$171K$1.8M20xas long as short
edgeX SNDKUSDC+0.0279%4h1,787.4+0.096%$568K$351K10xas long as short